Notice of Proposed Tax Increase

Notice of Proposed Tax Increase. Murray City.

Murray City is proposing to increase its property tax revenue. The Murray City tax on a $323,500 residence would increase from $288.59 to $423.99, which is $135.40 per year. The Murray City tax on a $323,500 business would increase from $524.72 to $770.90, which is $246.18 per year. If the proposed budget is approved, Murray City would increase its property tax budgeted revenue by 46.93% above last year’s property tax budgeted revenue excluding new growth. All concerned citizens are invited to a public hearing on the tax increase. The purpose of the public hearing is to receive public comment regarding the proposed increase and to explain the reasons for the proposed increase.

PUBLIC HEARING

Date/Time: 8/14/2018 6:30 p.m.

Location: Murray City Hall Council Chambers

5025 South State Street

Murray

To obtain more information regarding the tax increase, citizens may contact Murray City at (801) 264-2669.